STI has a confirmed short-term bearish signal
Previously in this post, I mentioned that $FTSE Singapore Straits Time Index (.STI.SG)$ is at a crossroad.
Today has closed below 3320 which confirms the short-term bearishness. A test towards 3320 as a resistance will likely confirm that more bearishness will set in with the price heading towards 3250.
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Possible hedging instruments:
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